Select the images below to enlarge. Calculate the 2022 Profit Margin ratio. Balance Sheet Murawski Company Use whole numbers rounded to 2 decimal Balance Sheet December 31 places, if needed, as seen in the example 2022 2021 Current Assets below. Cash and cash equivalents $330 $360 Accounts receivable (net) 470 400 Inventory 460 3901 Prepaid expenses 120 160 Total current assets 1,380 1,310 Example Investments 10 10 1500 800 = 1.88 Property, plant, and equipment 420 380 Intangibles and other assets 530 510 Total assets $2,340 $2,210 Current liabilities $900 $790 Profit Margin Ratio 2022 Long-term liabilities 410 380 Stockholder's equity - common 1,030 1,040 Total liabilities and stockholder's equity $2,340 $2,210 Income Statement Murawski Company Income Statement For the Years Ended December 31 2022 2021 Sales Revenue $3,800 $3,460 Costs and expenses Cost of goods sold 955 890 Selling and Administrative expenses 2,400 2,330 Interest expense 25 20 Total costs and expenses 3,380 3,240 Click the check mark to check your answers. Income before income taxes 420 220 Income tax expense 126 66 Net Income $294 $154 Fields with incorrect responses will be removed so you can try again